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20121219
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the manufacturer of the assault rifle used in the connecticut school shootings. the hedge fund's decision comes shortly after one of its largest clients, the pension fund for california's teachers said it's reviewing its half- billion dollar commitment to cerberus... which also invests for california's public employees. "these pension funds hold more power than we think." john challenger says california's teachers are not alone in demanding more transparency. "certainly its an increasing trend." the selling of freedom group also coincides with renewed debate in washington to restore the federal assault weapons ban that expired in 2004. "we must engage in a thoughful debate about how to change laws and culture that will allow violence not to continue to grow." "as we continue to learn the facts, we'll examine what would be an appropriate and constitutional response that would better protect our citizens." challenger noted stock prices of several firearms manufacturers are dropping. "if they look at their projections, those companies may not make as much as their thought they'd make as of a yea
a couple of big steps back. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms for prospects of a deal. >> by the w
. >> reaction to the newtown, connecticut, school shootings continued today on capitol hill. from the senate floor, this is 40 minutes. >> mr. president, we appear to be in one of those periods of time where we're walking too often through the valley of the shadow of death. senator bloomen tall and i come to the floor to speak.the tragedy that occurred, the senseless, horrific attacks on innocent people in newtown, connecticut, last friday, but we must also note with extraordinary respect and a sense of love, the depth of our truly beloved colleague, senator dan inouye of hawaii. americas, as senator read and senator durbin made so clear, america has lost a true hero, patriot. this senate has lost a great leader, a leader whose accomplishments have been literally historic, and i think all of us have lost a friend. last evening, senator kaka spoke about how dan inouye's legacy -- i'm paraphrasing here -- was all around hawaii, and all that he had done for the state. the truth is i think that most every state in the country is full of legacies of the service of dan inouye. i know it's true of
. and then a discussion on the school shootings in newtown, connecticut. later, we will re-air gary locke on the relationship between the two countries, china and the united states. tomorrow morning, a form on the consumer credit report. and oversight of the credit reporting market. the that live at c-span3 at 10 eastern senator daniel inouyebie died yesterday at the age of 88. this is a little bit more than a half-hour. >> is he was a colleague but really a friend. he helped me so many times, helped me do my best here, my best has been with the help of him. as i mentioned briefly yesterday, he always had so much confidence in me. years ago, years ago when i was a senator struggling, like all senators here, he told me two decades ago that i would be running the senate someday. i never even contemplated, thought about that, desired that. things have worked out that he was right. senator inouye is one of the amerir inouye is one of the >> senator inouye, he is one of the finest men i have ever known. a real americano hero. my friend, who is on the floor, the system leader, has told hiss sto
children and teachers and others in connecticut, it is a time for congress to begin a thoughtful dialogue on what we can do to deal with these mass casualty incidences in our country. they have been going on for some time, but perhaps when we see the faces of children, principals, teachers, and others that burns upon our hearts and motivates us to take further action. i want to make sure that, mr. speaker, that congress takes the appropriate action in a thoughtful, willful, determined way, and not jump to quick conclusions as if simple fixes will prevent this from happening. first, to the parents of children across america who are asking questions, mr. speaker, i'd like to offer some of this advice and also in my background as a psychologist, it's important for people to remember this, parents should be asking their children what they have heard about the incident. we should listen to their concerns and their emotions. we should answer their questions with age appropriate information. we should support and comfort and reassure them of their safety at home and school. we should observe and
are rallying today after three days of huge dive following last week's shooting murders in connecticut. private equity firm server putting its investment in a semi-automatic weapons co. on the block. who is next? your pension fund jettison these names? atop a trustee of new york's largest pension, about to break news on fox business. he will demand the fund get rid of all the exposure to the gun industry. liz: take a look at solar stocks shining brightly today. more news out of china, its cabinet saying you will reform the industry and they and governments from supporting failing domestic companies. that has occurred in the past u.s. solar companies because it is an unfavorable landscape but you see these names of looking good. guggenheim solar e t f 5% today and up 35% over the past month alone. these things are very volatile, got to be careful. less than a week after the connecticut shooting that killed 26 including 20 very young children, done stocks which the a huge dive over the past three days are making a come back from their initial pull back of starting on friday now all for a trustee
power of the tragedy in newtown, connecticut, to try to put the pressure on republicans. he talked about them taking off their partisan war paint. he said he'd more than met them halfway in terms of spending cuts that he's offered, coming up in the income threshold for tax increases, and he has the upper hand in public opinion. there's no question about that. he is not surrendering that at this point. the question is whether speaker john boehner can move his caucus, even as far as he's already moved further toward the president. that's what the next couple days are going to be about. >> thank you very much, john. do you think, you think really sort of rumbling that we're hearing means that we have actually moved further away from the possibility of what i'm going to call the first of the 12 days of cliffness? >> insiders in both parties are telling me they think the prospects of no deal and going over the cliff have risen significantly. now, i continue to think that the fundamentals exist, as the president said in his news conference, there are only a few hundred billion dollars apart ov
of the horrific shooting in newtown, connecticut, on friday, it was impossible for me not to react not just as a senator, but as a parent, as a father. and as my wife and i spent the weekend reflecting on the heartbreaks loss of 20 innocent children and 6 of their teachers and faculty, as we talked to our own three young children about what had happened, we thought about the grief, the anguish. a whole range of different parents deeply touched by this tragic incident. the first, of course, are the parents who lost their precious, innocent children. their six- and seven-year olds in the massacre at sandy hook elementary school last friday. parents like joel and joann baker who lost their precocious outgoing red-haired daughter charlotte just six years old. joann recently bought charlotte a holiday dress in her favorite color -- pink -- and a pair of white boots. charlotte begged and begged to wear her new outfit early and on friday, december 14, the last day of charlotte's young life, her mother joann agreed. or parents like steve and rebecca kowalski, who lost their son chase. two days befo
in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end
in connecticut, please, bob? >> caller: yes, jim. first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he bought the company. i don't want to by green mountain. it's got the red flag, the red flag of my friend herb greenberg, and when he raises issues, i don't go there. herb tells me where battlegrounds are, and when it comes to a battleground, i'd rather eat a cold corn dog. well, check that. >>> i like to revisit stocks i talk about on "mad money," and in this case like hillshire, i think it needs more time, this is a long-term turn-around story. i suggest getting it on weakness, listen, this tastes better than the dog food i ate my first year of the show. after the break, i'll try to make you some money. >>> coming up -- ma
, connecticut, or new york were so many still suffer. we are a nation that seems to be, whether it be by the leadership of our elected officials, whether it be the president or others, we seem to be focusing on victimization. we seem to be focusing on victims rather than those who are prevailing. we are focusing less on what we do with honor and great, great sacrifice to achieve much. instead, we seem to be focusing on those that would limit us and that that which is the worst among us. lori: you have focused any times about leadership and lack thereof. interesting that time .2 a leader. lou: i hope not too many people are. lori: my point is, we do not have a choice at this point. lou: well, we do. the president, after all, is just the president. the speaker is just a speaker. we are fundamentally americans. americans are despite all still a classless society. people are trying to divide us. they are trying to segregate us. i do not mean that in a civil right way. we are a nation when combined. we will stand up to any challenge. we will prevail. unfortunately, our leaders and th
mean a 10 over 10 budget connecticut working on budgets for 40 years. and you know, in order to achieve the savings, we have to look at every area. to me just repeat the areas you have to look at. one is efficiency. he kicked at the thought of efficiency, but you can get some significant savings in a department that large and cutbacks of unnecessary personnel. number two, force structure reductions. number three, procurement reforms. the whole area of procurement reform is something that action is very well. the fact is we build weapons systems that continue to be delayed, continues to cost escalation, continue to be added to them that attend these these things come out, they lost their usage because we've gone on to another new technology. we need to strengthen our procurement practices than we have. it's also got rid of some of the weaponization that's not needed. and the last area is compensation, which is always a difficult area. the compensation has grown by 80%. i have a health care bill at the defense department and $50 billion. i cannot do justice to everything i've got to maint
of the shooting rampage in newtown, connecticut. a state department inquiry into the september 11 terror attack in benghazi, libya, criticized the agency harshly for inadequate security that -- but specificrecommend signi individuals. and we begin today in on the details of john boehner's plan to avoid the fiscal cliff. we want to hear from you. how optimistic are you that a compromise can still be reached before the end of the year? give us a call -- and you can get up with us on all your social media web sites on facebook and twitter, or e- mail us. a very good morning to you. i want to take you to the lead story in today's washington post. that was today's washington post. here's the headlines from "politico" today. i want to take you to speaker john boehner's comments on the state of the current negotiations and his plan b. [video clip] >> what the white house offered yesterday was $1.30 trillion in new revenues for only $850 billion in net spending reductions. that is not balanced in my opinion. at the same time we will continue to talk to the president, we will also move to plan b. we all
Search Results 0 to 12 of about 13